There is a common saying in business that if you do not innovate you will die, that is what has happened to many huge leaders in the retail sector and it continues to happen through the business world. This is certainly not the case with Jeff Bezos and Amazon who continuously push forward to provide solutions for business such as Amazon EDI, solutions for consumers and solutions for young businesses with the Amazon FBA service.
Amazon have, and continue to keep on pushing the envelope as to what is possible in business and they, much like many of the modern tech companies, have become leading lights as to what is possible in a revolutionary new world, where almost everything is based on tech.
There are a great many people around the world who absolutely recognize what Amazon are and have done, but there are even more who may not remember that this was a company which began as a book store. Amazon eventually began to branch out into e-readers like the Kindle, which it continuously upgraded, they jumped into the tablet market with the Fire, the streaming market with the Fire stick and then Amazon Prime, and they of course turned that book store into the world’s biggest online marketplace, To now see the company branching out into the likes of electronic data interchange and the Fulfillment By Amazon branch, we can see that there is really no end to the company’s talents, or ambitions.
When some companies or individuals talk about future plans, more often than not you take it with a pinch of salt, when the likes of Google, Amazon or SpaceX however discuss future plans, it is highly likely that they are going to happen. Amazon are set to completely renovate the world in which we know it and they have already begun to discuss ideas such as staffless stores, drone drop deliveries, food delivery service, home robots and possibly their wildest dream will be to enter the healthcare market and use AI for solutions in the medical world. There is absolutely nothing to suggest that Bezos and the Amazon team will not be able to come good on what they are planning.
Many of the plans which Amazon will have had on the burner may be set back as a result of the events of 2020, but whilst that may have created some delay, their online marketplace has seen more sales than ever before and there is absolutely no doubting the fact that Amazon are the year’s winners in terms of how much money they have made, and will continue to make. As more businesses face troubles, the likes of Amazon may be ready to swoop in and continue to grow their kingdom.
This is the perfect example of how to take a business and make it multi-channel, and highly successful, this is what innovation looks like.